CapitaLand Integrated Commercial Trust's (SGX:C38U) distribution per unit or DPU remained unchanged year on year during the second half of 2024 at SG$0.0545, according to a filing with the Singapore Exchange on Wednesday.
Distributable income, however, rose 6.4% to SG$385.7 million from SG$362.5 million a year earlier.
Net property income was up 1.3% year on year to SG$571.1 million from SG$563.6 million, while gross revenue was up 1.2% on year to SG$794.4 million from SG$785.2 million.
Analysts polled by Visible Alpha estimated revenue of SG$784.21 in H2, 2024.
Additionally, the trust achieved a committed occupancy of 96.7% as of Dec. 31, 2024.
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